Code of Virginia (Last Updated:July 28, 2020) |
TITLE 2.2. Administration of Government |
SUBTITLE II. Administration of State Government |
PART B. Transaction of Public Business |
CHAPTER 44. Virginia Security for Public Deposits Act |
SECTION 2.2-4409. Authority to secure public deposits; acceptance of liabilities and duties by public depositories |
SECTION 2.2-4409. Authority to secure public deposits; acceptance of liabilities and duties by public depositories
All qualified public depositories are hereby authorized to secure public deposits in accordance with this chapter and shall be deemed to have accepted the liabilities and duties imposed upon it pursuant to this chapter. 1973, c. 172, § 2.1-368; 2001, c. 844 ; 2010, cc. 844 , 844 . |